Single Answer MCQ
Q-00045272

Which statement about the relationship between income and development is true?

1

Higher income always leads to better living conditions

2

Income is the only factor for development

3

Income can indicate potential but not total well-being

4

Development is solely based on economic indicators

Answer and Solution

Answer

C. Income can indicate potential but not total well-being

Solution:

Income can indicate potential for development but does not necessarily reflect total well-being or quality of life, which involve various other factors.

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